Comprehensive Financial Consultants Institutional Inc. cut its position in shares of Capital One Financial Co. (NYSE:COF) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,653 shares of the financial services provider’s stock after selling 255 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Capital One Financial were worth $996,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of COF. Advisory Alpha LLC bought a new position in Capital One Financial during the first quarter valued at about $254,000. Empirical Finance LLC boosted its position in shares of Capital One Financial by 3.3% during the 1st quarter. Empirical Finance LLC now owns 14,444 shares of the financial services provider’s stock valued at $2,151,000 after purchasing an additional 467 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Capital One Financial by 20.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 15,817 shares of the financial services provider’s stock worth $2,355,000 after purchasing an additional 2,675 shares during the last quarter. AIA Group Ltd acquired a new position in shares of Capital One Financial in the 1st quarter worth approximately $967,000. Finally, SG Americas Securities LLC raised its holdings in shares of Capital One Financial by 236.2% in the 1st quarter. SG Americas Securities LLC now owns 55,323 shares of the financial services provider’s stock worth $8,237,000 after purchasing an additional 38,870 shares in the last quarter. 89.84% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. Evercore ISI lifted their price target on shares of Capital One Financial from $163.00 to $184.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Barclays raised their price objective on Capital One Financial from $154.00 to $158.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 8th. Robert W. Baird upped their target price on Capital One Financial from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Bank of America increased their price target on Capital One Financial from $158.00 to $161.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. boosted their price objective on Capital One Financial from $156.00 to $157.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $156.35.
Insider Buying and Selling at Capital One Financial
In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $162.37, for a total transaction of $323,765.78. Following the transaction, the insider now owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Mark Daniel Mouadeb sold 1,994 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total transaction of $323,765.78. Following the completion of the sale, the insider now directly owns 19,776 shares of the company’s stock, valued at approximately $3,211,029.12. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank G. LapradeIii sold 15,751 shares of Capital One Financial stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $160.00, for a total transaction of $2,520,160.00. Following the completion of the transaction, the insider now owns 44,711 shares in the company, valued at $7,153,760. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.
Capital One Financial Price Performance
COF opened at $184.81 on Friday. The stock has a fifty day moving average price of $151.92 and a 200 day moving average price of $144.43. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.78. Capital One Financial Co. has a 1 year low of $102.63 and a 1 year high of $198.30. The stock has a market cap of $70.51 billion, a price-to-earnings ratio of 17.45, a PEG ratio of 1.22 and a beta of 1.43.
Capital One Financial (NYSE:COF – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $4.51 EPS for the quarter, topping analysts’ consensus estimates of $3.70 by $0.81. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $9.88 billion. Capital One Financial had a return on equity of 9.00% and a net margin of 8.80%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.45 earnings per share. Analysts forecast that Capital One Financial Co. will post 13.17 EPS for the current fiscal year.
Capital One Financial Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, November 14th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 14th. Capital One Financial’s dividend payout ratio is presently 22.66%.
Capital One Financial Company Profile
Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.
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